Shore Capital Reaffirms House Stock Rating for Pharos Energy (LON:PHAR)

Pharos Energy (LON:PHAR)‘s stock had its “house stock” rating reissued by analysts at Shore Capital in a research report issued to clients and investors on Tuesday,Digital Look reports.

Pharos Energy Trading Up 3.3 %

Shares of PHAR stock traded up GBX 0.70 ($0.01) during trading hours on Tuesday, hitting GBX 22.20 ($0.29). 108,566 shares of the company were exchanged, compared to its average volume of 308,238. The firm has a fifty day moving average of GBX 23.60 and a 200 day moving average of GBX 23.50. The company has a quick ratio of 1.72, a current ratio of 2.02 and a debt-to-equity ratio of 14.99. Pharos Energy has a 1 year low of GBX 19.05 ($0.25) and a 1 year high of GBX 27.98 ($0.36). The firm has a market cap of £110.74 million, a PE ratio of -2.36, a PEG ratio of -0.02 and a beta of 1.61.

Insider Buying and Selling at Pharos Energy

In other Pharos Energy news, insider Sue Rivett sold 199,212 shares of the business’s stock in a transaction dated Thursday, January 23rd. The stock was sold at an average price of GBX 24 ($0.31), for a total transaction of £47,810.88 ($61,771.16). Insiders have acquired a total of 11,917 shares of company stock valued at $293,604 over the last ninety days. Corporate insiders own 51.33% of the company’s stock.

About Pharos Energy

Pharos Energy is an independent oil and gas exploration and production company with a focus on sustainable growth and returns to stakeholders.
Pharos is listed on the London Stock Exchange, we have production, development and exploration interests in Egypt, Israel and Vietnam.